Cancellation of Residential and Commercial Contracts (Termination of the Contract by Both Parties)

Brief Description of the Service:

This service enables the cancellation of residential or commercial rental contracts when both parties (the lessor and the tenant) agree to terminate the contract. The process ensures that the rights of both parties are protected and that the termination is officially documented.

Steps to Cancel the Contract (Termination by Both Parties):

Access the Ejar Platform:
- Log in to the Ejar network using the account of the real estate broker, lessor, or tenant.
Select the Contract to be Cancelled:
- Go to the Contracts Menu and choose the contract you wish to terminate.
Initiate the Cancellation Process:
- Select the option to Cancel the Contract and choose Termination by Both Parties.
Submit the Cancellation Request:
- Both parties must agree to the cancellation terms and submit the request electronically.
Review and Confirm:
- Review the details of the cancellation and confirm the request.
Pay Any Outstanding Fees:
- Ensure all financial obligations (if any) are settled before finalizing the cancellation.
Receive Confirmation:
- Once the cancellation is approved, both parties will receive a confirmation of the contract termination.

Key Notes:

Both parties must agree to the termination terms.
The cancellation process is documented and officially recorded in the Ejar system.
Any financial obligations (e.g., unpaid rent or fees) must be resolved before the contract can be fully terminated.

This service ensures a smooth and legally compliant process for ending rental agreements when both parties mutually agree to terminate the contract.